Tuesday, May 21, 2013

Health Insurance Subsidy Calculator

Starting in October, Americans will be able to purchase health insurance on their own through health care exchanges (or “marketplaces”) created by the Patient Protection and Affordable Care Act. For those who do not receive health insurance through an employer and are ineligible for Medicaid and/or Medicare, tax credit subsidies can alleviate premiums from the exchanges’ health plans.

The Kaiser Family Foundation created a Subsidy Calculator to determine whether or not you and your family may qualify for premium assistance under these new exchanges, and how much assistance you may receive. Check it out.

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